Coles is selling its 710 Coles Express sites to petrol and diesel supplier Viva Energy for AUD300m (US$201m). What does this mean for Coles? The deal will allow Coles to focus on its core supermarket and liquor business. Site branding will happen over the next three and a half years, with the majority updated within the next two. Although the sites will be rebranded, Coles’ shoppers will co...

ALDI’s third Corner store in Australia is on Swanson St, one of the main streets in Melbourne's central business district, after the first two stores opened in Sydney. Convenience at the centre The new store opened on Thursday, 8 September, with cups of coffee on offer to entice shoppers. Grocery and fresh produce are still the core offering, but it is supplemented by an artisan bakery, a g...

Woolworths released full year results with sales up 9.2% to AU$60,849m and EBIT down 2.7% to AU$2,690m. Excluding new businesses PFD and Quantium, the sales growth was 5.1%. We review the results and share five key learnings. 1. Australian Food sales momentum builds against backdrop of rising shelf prices   After an operationally challenging first half, Australian Food sales were AU$45,461m...